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The latest updates from the world of business
Our quick updates help you stay up to date on business news without taking up too much of your time. Take a look below to find out what’s been happening.
Accounting groups express concern about tax digitalisation plan
Making Tax Digital is delayed until 2026.Tax debt hits £44.5bn in June
More people are struggling to pay their tax bill.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Bank of England hikes interest rates to 5.25%
Increase takes rates to their highest since 2008.Retail trading conditions remain weak
July sees sharp decline in retail sales volumes.CIOT: taxpayers using pilots must not be disadvantaged
Tax institute flags concerns following HMRC consultation.Corporate insolvencies hit a 14-year high
Insolvency Service reports an 8.9% increase on the previous quarter.MPs call for multi-billion pound tax break transparency
Tax system labelled as overly complicated.NatWest profits rocket to £3.6bn after resignations
The part taxpayer-owned bank’s profits are higher than expected.Self-employed workers lack confidence in HMRC
Small businesses tire of constant legislation and investigation.
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